Meet Gen Z: No house, no full-time job
The next generation of Aussie workers will inherit a healthy economy at a time of rapid technological change that is reshaping the labour market.
'I felt sick as a dog about how this was going to unfold'
On a Monday in October 2008, the RBA cut the cash rate by an extraordinary 100 basis points. By Friday, the government knew some were stockpiling cash and ATM queues were growing. The government had to act. John Kehoe tells how the weekend played out.
The RBA rate cut that stunned the world
"We'd gone with 50 in the papers. On the day at our morning meeting, I think it was Guy who said 'maybe we should get the 100 one out'."
Poll points to 19-seat loss for Coalition
The Coalition could lose up to 19 mainland seats, putting Labor in power with a firm majority, according to the latest quarterly aggregate of the Fairfax/Ipsos poll.
Government shifts on road pricing probe
Long-promised inquiry into charging motorists for the amount they drive to make up for falling fuel excise gets shelved in run-up to election.
Too much solar puts power grid at risk
Solar rooftop installations hit another record in August, with 142 megawatts of small-scale residential and commercial systems coming on line, lifting the total for the year to date to 974 MW.
How the big four survived the GFC
It was crucial moments in 2007, characterised by many late nights and long calls with regulators, that set the banks up to flourish through the GFC meltdown.
Hayne drives out financial services fringe dwellers
Like a modern day St Patrick, Commissioner Hayne is driving out the snakes.
Coles spends up, cut jobs to keep pace with Woolworths
Coles will spend more than $700 million over the next five years restructuring its supply chain in an attempt to secure a step change in costs and catch up with Woolworths.
Appeal over dismissal for 'excessive drinking' in NYC
An ex-Qantas flight attendant has engaged a barrister to argue that getting inadvertently drunk should not justify dismissal.
Pay, capex scrutinised in Coles spin-off
The sheer size of Coles, and the reasons Wesfarmers wants to spin it off, are underlined in the newly released documents around the deal.
Rio Tinto, Rinehart open new Hope Downs mine
Rio Tinto and Gina Rinehart's Hancock Prospecting are developing a new iron ore mine in the Pilbara.
Stocks fall, US 10-yr yield rises
Major world stock markets sank for a second straight day as the US jobs market continued to tighten.
US economy adds 134,000 jobs in September
The US unemployment rate fell to near a 49-year low of 3.7 per cent, pointing to a further tightening in labour market conditions.
Why top equity managers are turning to cash
Some of the country's top institutional investors are building cash reserves as they balance an expensive US bull market against cheaper but riskier stocks in Europe and China.
Banks weigh on ASX on credit crunch fears
Three positive trading sessions in the back half of the week were not enough to wipe a poor start to the week for the Australian sharemarket, which closed the week lower.
Yield spike a threat to bull run in stocks
A spike in US 10-year bond yields to seven-year highs this week is sending a clear signal that the days of equity market strength may be numbered.
Opinion
Royal commission mistakes create moral hazard
The Hayne royal commission interim report is flawed in several respects that will force lenders to hike mortgage rates and reduce access to credit, writes Christopher Joye.
Heavy seas ahead for PM amid US, China tensions
Given that the PM has about six months of governing before election campaigning, at best, his upcoming slate of foreign trips will be the equivalent of diplomatic speed dating.
Should Gerry Harvey follow Elon Musk onto Twitter?
The problem with the short-versus-long narrative is that big statements from the CEOs or chairmen matter less and less when the market can look at numbers.
Revealed: the most famous scientific hoax papers
We uncover some of the most famous scientific hoax papers and analyses the "nutty and absurd" theories designed specifically to fool gullible academics.
Stuart Robert agrees to repay $2832 internet bills
The Assistant Treasurer charged taxpayers $2832 for one month's internet access at his Queensland home, a move Scott Morrison said warranted explanation.
Expats brace for tax changes by Canberra and Beijing
Looking forward to a stint overseas? Be careful about CGT changes here and, if you're going to China, more tax there too.
Finally, something left and right agree on
Amid gloomy forecasts about Australian democracy, a new report shows a surprising level of agreement between the right and left about the need for a sound process to establish good policy.
Parents unhappy with special deal for Catholic schools
A poll shows a majority of undecided voters disapprove of a special-funding deal for Catholic and Independent schools.
Steaking Australia's claim to premium foods
Food tampering is on the rise but there are ways to counter it so that people know exactly what they're biting into, drinking or putting on the table.
Kavanaugh all but certain for Supreme Court
Brett Kavanaugh is only hours away from being sent to the Supreme Court after a key hold-out swung her support behind the divisive nomination.
We can't just whistle a happy tune when it comes to China
US-China relations have flipped in recent weeks and Australia needs to do more to help set a new balance of power in the region.
Western allies confront Russia over cyberattacks
Western allies accused Russian intelligence officers of launching cyberattacks against organisations around the globe that challenged Russian wrongdoing.
China weaponising on massive scale: Pence
Mike Pence has taken the gloves off, unleashing a blistering attack against Beijing for turning "plowshares into swords on a massive scale".
Kavanaugh confirmation gathers pace
Republicans are increasingly confident of a narrow victory when Senators vote to confirm Brett Kavanaugh to the Supreme Court on Saturday.
Personal Finance
Down the debt rabbit hole but ahead on super
Generation Z-er Tim Boyd looks at the differences in his money attitudes compared to his parents.
Gen Z use tech to become finance savvy
Young people are saving money and creating wealth in ways almost unheard of a generation before, using technology to invest and save.
When you close a self-managed super fund, watch out
The document that sets out how you want your super to pass on to your loved ones does not lapse in self-managed superannuation funds but it has to be renewed every three years in other funds.
From ACCC head to China's Party School
Former ACCC head Allan Fels has returned to an old haunt in search of influencers, he tells Lunch with the AFR.
Entrepreneurial Gen Z to reshape the workplace
With many running a 'side hustle' - a start-up run on the side of business or work - Gen Z will have in-demand skills for employers.
The 4 industries Gen Z will destroy
Businesses and marketers are desperately anticipating the murderous whims of Gen Z, the demographic born after 1996.
Gen Z more confident about education, jobs
The younger group are relaxed, their elders see them expressing worries.
Lifestyle
How Mumm won the champagne stakes
Eight years ago Mumm had four per cent market share in Australia. Today it is the number one champagne house with 27 per cent share, leading Moet & Chandon.
David Rowe's cartoon
